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IMF Urges Biden's Administration to Repeal Trump Era Tariffs

The International Monetary Fund (IMF) has called on ดาวน์โหลด slotxo President Joe Biden's government to lift tariffs on steel and aluminum imports. washing machine solar panel and many types of products from China According to a report published Thursday

The tariffs imposed by the Trump administration on imports from China persist. Biden's management has also pledged to prioritize U.S. manufacturers. in public procurement by strengthening the requirements "Buy American" at the early government

“These policies should be reconsidered. Trade restrictions and tariff increases should be lifted and the 'buy American' provision should be strictly limited in scope and consistent with US international obligations,” the IMF said.

It also pointed out that the investigation of currency-based retaliatory tariffs in China and Vietnam. And the inclusion of currency provisions in trade agreements is a significant risk to multilateral trade and the international financial system.

“The United States should work actively with its international partners to strengthen the rules-based multilateral trading system and address these long-standing global trade and investment issues,” the IMF said. He added that joining the renewed WTO could facilitate progress.
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